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Easterly Government Properties, Inc. DEA R2K

Real Estate · REIT - Office · United States
https://www.easterlyreit.com

Easterly Government Properties, Inc. focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). Easterly Government Properties, Inc. was incorporated in 2011 in Maryland. Easterly Government Properties, Inc. is based in Washington, D.C.

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$23.98
+19.62% 1Y

Market & Price

Market Cap
$1.15B
Current Price
$23.98
High / Low (52W)
$24.27 / $19.77
Beta
0.97

Valuation

Stock P/E
109.00
Industry PE
26.58
Forward P/E
92.23
PEG Ratio
-
Book Value
$28.23
Price to Book
0.85
P/S
3.25
EV/EBITDA
13.75
Dividend Yield
7.51%

Profitability & Returns

ROCE
3.09%
ROE
0.85%
ROA
1.70%
Profit Margin
3.16%
Op Margin
23.15%
EPS (Latest Qtr)
$0.02
EPS (TTM)
$0.22

Balance Sheet & Liquidity

Debt/Equity
1.27
Quick Ratio
0.68
Current Ratio
1.18
Debt
$1.72B
Total Assets
$3.38B
Current Assets
$119.41M
Working Capital
$-408.53M

Ownership

Promoter Holding
5.92%
Chg in Prom Hold
-
FII / Inst Holding
79.35%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$2.87B
Total Revenue (TTM)
$355.59M
EBITDA
$209.05M
Free Cash Flow
$149.52M
Operating Cash Flow
$262.34M
Shares Outstanding
46.45M
Gross Margin
67.24%
Payout Ratio
818.18%

Growth (CAGR)

Revenue 5Y
4.61%
Profit 5Y
-25.52%
Revenue (YoY)
15.80%
Earnings (YoY)
-70.40%

PROS

  • Attractive dividend yield of 7.51%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 109.0.
  • Earnings shrank at -25.5% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DEA Easterly Government Properties, Inc. R2K 23.98 109.00 $1.15B 7.51% 3.09% 0.85% 4.61% -25.52%
2 WELL Welltower Inc. SPX 205.33 99.19 $144.95B 1.44% 0.26% 3.67% 22.69% 87.90%
3 PLD Prologis, Inc. SPX 143.47 36.14 $133.76B 2.98% 4.94% 6.84% 13.74% -0.36%
4 EQIX Equinix, Inc. SPX 1,068.04 74.07 $105.33B 1.84% 5.61% 10.06% 8.27% 24.18%
5 AMT American Tower Corporation SPX 186.96 30.11 $87.10B 3.73% 7.82% 29.95% 3.34% 12.73%
6 SPG Simon Property Group, Inc. SPX 204.91 14.25 $77.86B 4.29% 17.44% 113.59% 6.35% 29.32%
7 DLR Digital Realty Trust, Inc. SPX 190.00 50.53 $67.96B 2.57% 3.99% 5.69% 9.22% 51.32%
8 O Realty Income Corporation SPX 61.28 50.23 $57.14B 5.30% 3.27% 2.83% 19.80% 6.78%
9 PSA Public Storage SPX 303.69 31.34 $53.31B 3.95% 10.69% 20.18% 4.88% -25.69%
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Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ---------30.60M33.86M------------------------78.67M84.23M86.15M87.04M91.55M
Cost of Revenue -----------------------------------25.76M27.70M29.53M28.43M29.07M
Gross Profit -----------------------------------52.92M56.54M56.62M58.61M62.48M
Operating Expenses -----------------------------------32.77M34.80M35.06M36.86M41.91M
Operating Income -2.18M2.29M2.16M-3.04M3.03M3.17M-3.96M4.92M6.61M-7.40M7.19M7.41M--------------------20.14M21.74M21.57M21.75M20.57M
EBITDA -----------------------------------48.46M51.75M49.23M52.47M54.80M
Interest Expense -----------------------------------18.38M18.96M19.04M18.08M20.17M
Pretax Income -----------------------------------3.28M4.25M1.25M4.77M1.41M
Tax Provision ----------------------------------------
Net Income -2.88M588.00K498.00K105.00K790.00K825.00K1.05M1.30M1.24M982.00K942.00K1.29M1.52M1.44M2.15M590.00K-416.00K5.64M549.00K1.43M1.70M3.67M4.26M6.99M8.20M7.98M7.34M7.20M642.00K3.89M5.10M5.37M4.63M4.61M4.86M3.13M4.07M1.21M4.59M1.36M
Diluted EPS -0.220.020.02-0.030.020.020.030.030.020.020.030.030.020.030.01-0.010.080.010.020.020.050.050.080.100.090.080.080.010.040.050.060.110.110.110.070.090.020.100.02

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---104.62M130.67M160.59M221.72M245.08M-293.61M287.23M302.05M336.10M
Cost of Revenue ---------97.68M102.42M101.08M111.41M
Gross Profit ---------195.93M184.80M200.98M224.69M
Operating Expenses ---------123.04M118.41M122.31M139.49M
Operating Income -1.57M-3.61M4.72M13.67M22.77M----72.89M66.39M78.67M85.19M
EBITDA ---------181.19M161.52M179.34M201.91M
Interest Expense ---------47.38M49.17M62.43M74.45M
Pretax Income ---------35.56M21.06M20.58M13.56M
Tax Provision -------------
Net Income -4.31M2.40M-1.28M3.96M4.45M5.70M7.21M11.96M-31.47M18.80M19.55M13.00M
Diluted EPS ---0.060.120.100.080.100.15-0.850.470.450.27

Compounded Sales Growth

5 Years:4.61%
1 Year:15.80%

Compounded Profit Growth

5 Years:-25.52%
1 Year:-70.40%

Stock Price Performance

1 Year:+19.62%
6 Months:+14.49%
3 Months:+7.12%
1 Month:+5.54%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -300.50M912.05M1.05B1.43B1.86B2.23B2.46B-2.83B2.88B3.22B3.38B
Current Assets ---------76.11M88.21M133.06M119.41M
Cash & Equivalents 3.36M31.44M8.18M4.84M12.68M6.85M12.01M8.46M-7.58M9.38M19.35M23.37M
Inventory -------------
Receivables ---------58.84M66.27M71.17M51.49M
Total Liabilities -3.32M292.15M348.60M634.25M836.30M1.03B1.16B-1.42B1.47B1.84B2.01B
Current Liabilities ---------216.15M241.92M496.80M527.94M
Long Term Debt --238.20M292.97M575.89M766.36M901.84M978.26M-1.19B1.22B1.32B1.47B
Total Debt ---------1.25B1.29B1.60B1.67B
Total Equity -1.00K377.26M560.46M667.81M894.16M1.06B1.15B-1.24B1.32B1.32B1.32B
Shares Outstanding ---------36.33M40.39M43.19M46.30M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 47.38M49.23M62.78M142.31M145.20M-125.94M114.48M162.63M259.19M
Investing Cash Flow -170.28M-395.87M-466.74M-442.34M-290.18M--69.10M-127.01M-409.64M-285.29M
Financing Cash Flow 119.48M356.35M398.87M304.47M144.10M--59.71M17.19M252.88M31.92M
Capital Expenditure ----------
Free Cash Flow ------125.94M114.48M162.63M259.19M
Net Change in Cash -------2.87M4.67M5.87M5.83M

Ratios (Annual)

Figures in %.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------66.7%64.3%66.5%66.9%
Operating Margin % ---13.1%17.4%----24.8%23.1%26.0%25.3%
Net Margin % ---3.8%3.4%3.6%3.3%4.9%-10.7%6.5%6.5%3.9%
ROE % -239,600.0%-0.3%0.7%0.7%0.6%0.7%1.0%-2.5%1.4%1.5%1.0%
ROCE % ---------2.8%2.5%2.9%3.0%

Shareholding Pattern

Insiders
5.92%
Institutions
79.35%
Public Float
84.34%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 16.89% 7.84M $188.11M
2 Vanguard Portfolio Management LLC 5.77% 2.68M $64.21M
3 State Street Corporation 5.33% 2.48M $59.40M
4 Vanguard Capital Management LLC 4.13% 1.92M $46.06M
5 Mirae Asset Global ETFs Holdings Ltd. 3.19% 1.48M $35.57M
6 Two Sigma Investments, LP 2.93% 1.36M $32.62M
7 Geode Capital Management, LLC 2.75% 1.28M $30.68M
8 Victory Capital Management Inc. 2.39% 1.11M $26.63M
9 Balyasny Asset Management LP 2.31% 1.07M $25.70M
10 Charles Schwab Investment Management, Inc. 2.17% 1.01M $24.22M

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